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P/E Ratio and Stock Price International Business Machines (IBM) has earnings per share of $7.80 and a P/E ratio of 15.38. What is the stock

P/E Ratio and Stock Price International Business Machines (IBM) has earnings per share of $7.80 and a P/E ratio of 15.38. What is the stock price?

Multiple Choice

$46.36
$.51
$1.97
$119.96

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